James comey will testify today before the House Intelligence Committee where hell be asked about meddling in the election. The president s credibility issues are growing as hes struggling to sell his agenda to congress. As far as wiretapping, i guess by you know, this past administration at least we have something in common perhaps. President trump claiming yet again on friday that president obama had him wiretapped despite unambiguous statements from Republican Leaders wholed who would know. There is no evidence of this. I havent seen evidence of this. Now the british are livid after sean spicer used the white house podium to traffic an unverified claim by a fox news commentator that it was britains spy agency that monitored mr. Trump on mr. Obamas behalf. Hes able to get it. There is no american fingerprints on this. Hes able to get it and there are no american fingerprints on this. The British Agency calls it nonsense, utterly ridiculous. The white house is refusing to apologize, qu
Election. The ranking democrat onchiff of california joins me this hat budget blueprint. Decreases in domestic nding forp programs for the givpo you money for programs that dont President Trumps budgetsere this morning. Can President Trump win overll . I will talk to a republican no vote this morning,coins of main. Joining me ared columnist george will, Yamiche Alcindor of costa of the Washington Post and anchor of bbc world news katty kay. Welcome to sunday. Announcer from nbc news in washington, the longest runnihi celebrating its year this is meet the press with chuck todd. 60s that they mornin term credibility gap ane people skeptical of president johnson vietnam. Now donald trump is facing similarroisthe u. S. What began with claims on trivial matters as whether his inauguon were biggent obamas werent have turned into something more koconsequential. They have been redefining President Trumps insistence president obama had himwiretapp. He took a swipe at the National Security agenc
Shadow brexit secretary, the portuguese finance minister, and a Brexit Committee member. The Vice President of the European Commission also joins us a little later on. The four we get the brussels, lets get straight to the bloomberg first word news. Heres nejra cehic. Nejra President Trump will be briefed later on various ways to implement comprehensive tax code changes. He will be presented with possible changes i officials including gary cohn. That is according to people familiar with the meeting. French president ial candidate Francois Fillons wife penelope has been charged in the fake jobs probe according to reports by french Media Outlets citing unidentified judicial sources. Her husband has been charged with graft, which he denies. Calls to an olivia fillons lawyer were not immediately returned. Blackrock is said to be shaking up its unit by cutting jobs, reorganizing funds, and lowering fees according to a person familiar with the matter. The revamp moves money into cheaper offe
I want candy i love m ms and i think theres a new candy. Welcome to power lunch, everybody. Sweet moves in the market at this hour. S p erasing its march deficit going positive for the month. Seeing its fifth straight day of gains. The dow has 100 point deficit to make up to break even for the month. A few notable movers, here, expecting annual grows through 2021 and will return 8 billion shareholders. Investors dont seem too impressed. The stock is down about 4 right now. Goodyear tire also lower. It was downgraded to a neutral from a buyover at Goldman Sachs evaluation call and chipotle shares are moving higher to 2 1 4 . Tyler . Mely sarks thank you very much. Welcome, everybody. Here is what else is happening at this hour. Good news for home buyers right now, morgans rates are falling again. 30year rate dropping to its lowest level in a month, averaging 4. 4 . Not as low as they used to be, but still pretty low. The debt, National Debt that is on track to keep rising over the next
Yesterday after those minutes from the Federal Reserve. You can see the eurodollar pretty much unchanged, off 0. 1 . Lets look at how european stocks are doing following the recession lower. The stoxx 600 off by 0. 6 . European stocks set for there were drop in more than a month. Thanks underperforming. Part of that down to the minutes we got from the fed, signals that the Federal Reserve may look at shrinking the Central Banks Balance Sheet. Also, about equity prices being high. You are seeing a weaker dollar, stronger yen. If you look at the bloomberg dollar index, we seeing that recover a little bit. It is ever so slightly higher. Eurodollar, we are also closely watching after comments from ecb president mario draghi. 1. 0646. Lar at the bund yield one basis point number as well. Now lets get the bloomberg first word news. Saidtian President Trump an apparent poison gas attack in syria which killed more than 70 people has changed his thinking on the civil war. He called heinous acti